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The Investing for Beginners Podcast - Your Path to Financial Freedom

IFB114: Buying a Home vs Investing in the Stock Market

The Investing for Beginners Podcast - Your Path to Financial Freedom

Andrew Sather

Investing, Business

4.11.5K Ratings

🗓️ 8 August 2019

⏱️ 23 minutes

🧾️ Download transcript

Summary

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Transcript

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1:02.4

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1:07.0

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1:17.0

All right folks, well welcome to Investing for Beginners Podcast. This is episode 114. Tonight, Andrew and I are going to discuss a listener question. We got this great question from Jack and I'm going to take a moment to read the question and then Andrew and I will do our little back and forth and have some discussion about it. So starting off we have hello Andrew. I'm thinking about buying a home.

1:34.8

Monthly mortgage costs are currently cheaper than renting in my area and my family would be able to pay the

1:39.7

down payment for me in cash. Do you have any insight into the financial advantages and

1:44.8

disadvantages for buying a home in this case? I have read the buying a home is not a

1:49.1

great investment unless you are renting it out due to the hidden costs of home buying and the fact that a house is a liability

1:55.4

until you pay it off. Do you think I should put the money I would use on buying a house to instead

2:00.3

invest in a stock market? I'd appreciate any insight you have into this topic.

2:04.8

So Andrew, what are your thoughts?

2:06.9

You want to open this can of worms, huh?

...

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